On December 31 . 2013 . Overachiever, Inc had 500,000 shares of common stock issued and outstanding. Overachiever issued a 1 . percent stock dividend on June 1 . 2014 . On November 1 . 2014, Overachiever reacquired 30,000 shares of its common stock and recorded the purchase using the cost method of accounting for treasury stock. What number of shares should be used in computing basic earnings per
share for the year ended December 31 . 2014?
a. 421,667
b. 470,000
c. 524,167
d. 530,000
C
Business
You might also like to view...
______ is a neutral third party who resolves a conflict by making a binding decision.
A. Arbitrator B. Mediator C. Collaborator D. Handler
Business
In relation to an ordinary annuity paid in any given year, an annuity due is
A) a larger amount. B) a smaller amount. C) an equal amount. D) an unrelated amount
Business
The person to whom an offer is made is an offeree
a. True b. False Indicate whether the statement is true or false
Business
Using cartoonish, popular clip art in professional presentations is appropriate, and can offer you a cost savings over graphics available online.
Answer the following statement true (T) or false (F)
Business